Vici Properties (VICI) EV to EBITDA (2018 - 2026)
Vici Properties' EV to EBITDA came in at 7.73 for Q3 2026, down 16.9% from 9.31 a year earlier and down 2.3% from the prior quarter.
Vici Properties (VICI) EV to EBITDA (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Vici Properties reported EV to EBITDA of 7.31, down 18.9% year-over-year; for FY2025, it was 8.02, down 5.7% from FY2024.
- EV to EBITDA has declined in each of the last three years.
- Going back by year, EV to EBITDA was 8.51 in FY2024 (-12.6%), 9.74 in FY2023 (-48.7%), 18.97 in FY2022 (+54.4%) and 12.29 in FY2021 (-16.7%).
- The five-year range for quarterly EV to EBITDA is 7.16 (Q1 2026) to 24.82 (Q2 2022).
- Year-over-year, EV to EBITDA has declined for five consecutive quarters, with an average decline of 7.3% over the last eight quarters.
- The fastest year-over-year change in EV to EBITDA over five years came in Q3 2022 (growth of 94.9%), and the weakest in Q3 2023 (a decline of 59.5%).
- Business Quant data shows VICI's EV to EBITDA at 7.92 (Q2 2026), 7.16 (Q1 2026) and 8.02 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 179.03 Bn | 165.05 Bn | 1.47 Bn |
| 2 | Prologis | 123.12 Bn | 117.08 Bn | - |
| 3 | Simon Property | 75.49 Bn | 71.55 Bn | - |
| 4 | Public Storage | 62.37 Bn | 61.09 Bn | - |
| 5 | Realty Income | 56.23 Bn | 54.51 Bn | - |
| 6 | Ventas | 46.05 Bn | 44.73 Bn | - |
| 7 | Extra Space Storage | 33.71 Bn | 32.62 Bn | 650.96 Mn |
| 8 | Vici Properties | 27.71 Bn | 26.06 Bn | 1.06 Bn |
| 9 | Vivmark Residential | 24.79 Bn | 24.57 Bn | - |
| 10 | Essex Property Trust | 17.73 Bn | 17.49 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.73 |
| Jun 30, 2026 | 7.92 |
| Mar 31, 2026 | 7.16 |
| Dec 31, 2025 | 8.02 |
| Sep 30, 2025 | 9.31 |
| Jun 30, 2025 | 9.35 |
| Mar 31, 2025 | 9.70 |
| Dec 31, 2024 | 8.51 |
| Sep 30, 2024 | 9.39 |
| Jun 30, 2024 | 8.46 |
| Mar 31, 2024 | 8.91 |
| Dec 31, 2023 | 9.74 |
| Sep 30, 2023 | 9.19 |
| Jun 30, 2023 | 10.75 |
| Mar 31, 2023 | 15.97 |
| Dec 31, 2022 | 18.97 |
| Sep 30, 2022 | 22.66 |
| Jun 30, 2022 | 24.82 |
| Mar 31, 2022 | 14.22 |
| Dec 31, 2021 | 12.29 |
Vici Properties EV to EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=VICI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "VICI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=VICI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();